SHORT TERM RENTAL OPPORTUNITY | 12 SOUTH | One of the more compelling value-add STR opportunities currently available in Nashville. This established 3BR/4BA short-term rental is already producing approximately $70,000 annually in gross revenue, equating to roughly a 10.3% gross yield at list price — and that is with significant room left to improve. The property has already proven demand with 280 Airbnb reviews, a 4.76-star rating, and years of operating history, yet the current furniture, decor and overall presentation are dated compared to many of Nashville’s top-performing STRs. It is als
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is offered at $442 per square foot, compared with a $274 median for active 3-bedroom homes in Nashville. Its asking price falls near the 77th percentile of that active group. The comparison uses 1,827 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 53 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $687,500, and the median is $355 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 2007 Beech Ave | Jun 26, 2026 | 3 bd · 2,291 sqft | $625,000 | 0.1 mi |
| 2003 Beech Ave | Aug 10, 2026 | 3 bd · 2,078 sqft | $750,000 | 0.1 mi |
| 2048 Elliott Ave | Jun 11, 2026 | 2 bd · 1,401 sqft | $490,000 | 0.1 mi |
| 2109 Elliott Ave | Aug 3, 2026 | 3 bd · 2,794 sqft | $1,275,000 | 0.1 mi |
| 756 Benton Ave | May 28, 2026 | 3 bd · 1,620 sqft | $395,000 | 0.2 mi |
| 916 Acklen Ave | Jun 22, 2026 | 5 bd · 4,890 sqft | $2,200,000 | 0.2 mi |
| 2022B 10th Ave, S | Jul 2, 2026 | 4 bd · 2,550 sqft | $1,050,000 | 0.2 mi |
| 748 Wedgewood Park | May 27, 2026 | 2 bd · 1,778 sqft | $475,000 | 0.3 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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